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Insurance Glossary

The world of insurance for law firms can be confusing, and difficult to navigate. We've created this glossary because these common insurance terms should be easy to understand.

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A procrastinator's To Do list

4 min read

Procrastination’s Dark Side

I have a confession to make. I am a procrastinator. If there is a Procrastinator’s Anonymous, I’m pretty sure they would accept me as a card-carrying member. Truth be told, I occasionally think about seeing if such an organization actually exists....

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Episode 87 - ft Jeff Brandt: If Video Killed the Radio Star, Will AI Kill the Studio Star?

20 min read

Episode 87 - ft Jeff Brandt: If Video Killed the Radio Star, Will AI Kill the Studio Star?

In this episode of ALPS In Brief, our Risk Manager Mark Bassingthwaighte sits down with University of Montana Professor Jeff Brandt to talk about...

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two attorneys discuss their claims made vs. reported policy

2 min read

Don't Miss this Vital Condition of your Legal Malpractice Insurance Policy

When I learned that my blog would be posted between my second and third favorite holidays, I wanted to do something befitting the season that would...

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insurance defense counsel isn't sure if the client is the insured or the insurance company

4 min read

Insurance Defense Counsel: Who is the Client?

One of the scariest trends we have seen at ALPS is the increasing prevalence of insurance carriers suing defense counsel hired to defend the...

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word cloud of common words lawyers used to describe their feelings about AI

3 min read

AI in the Legal Industry: How Do Lawyers Feel?

ALPS recently surveyed legal industry professionals to learn more about how solo and small firm lawyers feel about the use of generative AI in the...

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Law firm coverage options can vary just like umbrellas! Make sure you choose the prior acts coverages that make sense for your law firm.

2 min read

A Primer on Prior Acts Coverage for the Solo and Small Firm Attorney

What is Prior Acts Coverage? Prior acts coverage (PAC) is a feature of claims-made malpractice insurance policies. Its purpose is to provide...

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two lawyers make a checklist before starting their own law firm.

3 min read

Starting a New Law Firm: Considerations for What Your Legal Malpractice Policy Means

In this blog post, we'll explore some considerations for evaluating your legal malpractice policy needs when starting a new law firm. The Claims...

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lawyer looks carefully at a deepfake

3 min read

Law Firms Gear Up to Battle Deepfakes

The Rise of Deepfakes While lawyers have certainly been aware of deepfakes for years, everyone was fighting malware infections. As we constantly...

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a little gift of pro bono work can go a long way

4 min read

Is It Risky to Agree to Do Pro Bono Work?

If you're hesitant to do pro bono work based upon a belief that this type of work is risky, I'm here to say "not necessarily!" To understand why,...

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Attorney moonlighting

3 min read

For Lawyers, Is Moonlighting Worth It?

To take a side job or not to take a side job ... truth be told, the answer to this question is one where reasonable minds can see things differently....

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